How does your salary compare with that of your colleagues? Are you working longer hours? And just how happy are you with your career choice? We polled radiologists, administrators, technologists, PACS/IT managers, students and residents to find out. Here are the results of our 2013 Radiology Compensation Survey.
In the 2013 Radiology Compensation survey, we polled radiologists, administrators, technologists, PACS/IT managers and radiology students and residents. Among the US respondents, 59 percent are male and 41 percent female. Most respondents live in urban areas (47.2 percent) and suburban areas (39 percent.)
Most respondents work in a hospital setting (43.6 percent), followed by an academic medical center (16.2 percent). About 13 percent work in an outpatient imaging center, and 9.6 percent make a living in a single-specialty practice.
Most of the respondents were seasoned professionals, with 45 percent reporting having worked in the field for more than 20 years. Just 10 percent have been working for less than five years.
How many hours a week do you work? More than 62 percent of respondents are logging between 41 and 75 hours a week. Just 2.6 percent are clocking 76 hours or more. Who needs work/life balance?
The radiologists who answered the survey practice in a wide array of modalities, with CT, MRI and ultrasound topping the list. About 27 percent reported having no specialization.
About half of radiologists reported making between $300,000 and $450,000 last year. The mean salary for radiologists was about $400,000. Then there was the lucky 2 percent bringing more than $1 million. (About the same number earned $100,000 or less.)
How much of that income came in the form of bonuses? Forty-two percent reported none of their salary was drawn from bonuses or incentives, while 5.2 percent said at least half was drawn from bonuses.
Technologists surveyed also reported working in a wide array of modalities, and nearly 33 percent say they have no specialization.
The mean salary for technologists was $54,828, but nearly 13 percent earned $90,001 or more last year.
The mean salary for radiology administrators was $76,291, but nearly 11 percent reported earning more than $150,000.
For 38 percent of survey respondents, their salary last year was the same as the previous year. Twenty-three percent saw their salaries rise just 5 percent, and nearly 15 percent saw a drop of more than 10 percent.
On average, respondents rated their satisfaction with their salaries at 3.15 on a scale of 1 to 5. Nearly 11 percent gave it a 5, and 10 percent rated salaries at 1.
But any salary disappointments didn’t seem to affect respondents’ outlooks on their chosen career path. On average, they rated their satisfaction with their career choice at a 4, and 35 percent gave it the highest mark.
